Failure in Japanese tax increase may startle investors

Source: Bloomberg
© Scanpix/Reuters
Japanese analysts predict that the failure to raise the sales tax in the country may be followed by increasing amounts of money outflows from the country and the Prime Minister's economic recovery plan will be under threat. Currently economists expect the tax to be increased from 5% to 8% in April, 2014. Experts point out that the tax decisions are not going to affect inflation expectations.
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Tue, 10 Sep 2013 13:50:04 GMT

Apple will not raise prices in India as rupee declines

Apple Inc. will not increase the prices for its products in India, even when the country's national currency faces the highest decrease of its exchange rate. By that decision the technology giant plans to become more competitive in battle with Samsung Electronics, which itself plans to increase prices in India. It is expected that India will become the second largest

Tue, 10 Sep 2013 13:11:04 GMT

Volkswagen will develop around 40 new electric vehicles

The largest European automaker, Volkswagen AG, has set a goal to release around 40 new electric or hybrid vehicles in the nearest future. The next year the company will show the public 14 such vehicles. Electric vehicles' market is growing, but some companies overestimate the growth pace, while, for example, in Germany there were only 435 electric vehicles sold this

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